
Seattle, WA 98119
This Townhouse-Style Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $532,449 Fair Market Value by 6%. This valuation gap offers $33,449 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home is move-in ready with refreshed wood floors and a unique loft with a Space Needle view. Its prime Lower Queen Anne location offers unmatched walkability, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 W Olympic Place #302 Subject 2 bd · 2 ba · 1,184 sqft · $450 | $499,000* List Price | 2 | 2 | 1,184 | $450 | - |
A 410 W Roy Street E101 Sold 2 bd · 2 ba · 1,112 sqft · $508 · 0.2 mi | $565,000 | 2 | 2 | 1,112 | $508 | 0.2 mi |
B 912 3rd Avenue W 101 Sold 2 bd · 2 ba · 800 sqft · $536 · 0.0 mi | $429,000 | 2 | 2 | 800 | $536 | 0.0 mi |
C 912 3rd Avenue W #101 Sold 2 bd · 2 ba · 792 sqft · $542 · 0.0 mi | $429,000 | 2 | 2 | 792 | $542 | 0.0 mi |
D 912 3rd Avenue W 501 Sold 2 bd · 2 ba · 853 sqft · $463 · 0.0 mi | $395,000 | 2 | 2 | 853 | $463 | 0.0 mi |
E 2040 13th Avenue W 13 Sold 2 bd · 2 ba · 1,260 sqft · $468 · 1.0 mi | $590,000 | 2 | 2 | 1,260 | $468 | 1.0 mi |
F 522 W Mercer Place 401 Sold 2 bd · 2 ba · 985 sqft · $518 · 0.2 mi | $510,000 | 2 | 2 | 985 | $518 | 0.2 mi |
G 601 W Mercer Place 304 Sold 2 bd · 2 ba · 838 sqft · $525 · 0.3 mi | $440,000 | 2 | 2 | 838 | $525 | 0.3 mi |
H 613 4th Avenue W 103 Active 2 bd · 2 ba · 1,150 sqft · $509 · 0.2 mi | $585,000 List Price | 2 | 2 | 1,150 | $509 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but well-maintained with a significant exterior renovation in 2006 (siding and windows). The interior is move-in ready featuring recent cosmetic updates including refreshed hardwood floors, freshly painted cabinetry, and a restored bathtub.
Situated in Lower Queen Anne, the property offers exceptional walkability to iconic landmarks like Kerry Park and Seattle Center, with easy access to major employment hubs in Downtown and South Lake Union.
The three-level floor plan with a loft provides a rare sense of separation and privacy not typically found in standard condominiums, offering a living experience that feels more like a detached home.
Recent interior refreshments, including refinished wood floors and updated cabinetry, combined with a 2006 exterior envelope renovation, ensure the property is well-maintained and ready for immediate occupancy.
At $733 per month, the association dues are relatively high for the price point, which may impact the overall monthly affordability and debt-to-income ratios for potential buyers.
The three-level configuration and spiral staircase may pose challenges for individuals with mobility concerns or those seeking a more traditional, single-level living experience.
Townhouse-style living in Lower Queen Anne. This 2-bedroom plus loft condo spreads 1,184 sq ft over three levels, so it lives more like a home than a flat. Picture a walk up to Kerry Park for the skyline, coffee on Queen Anne Ave, a show at Climate Pledge Arena, then home to a fire in the wood-burning fireplace. The main floor has a kitchen with a small island, a good-sized dining area, and a living room made for hosting friends. A spiral staircase leads up to a loft with a view of the top of the Space Needle, a great spot for a home office, den, or movie nights. Downstairs, two bedrooms share a full bath, with a full-size washer and dryer close by. Each level gives you a little separation, which is rare in a condo. Move-in ready, with refreshed wood floors, freshly painted cabinetry, and a restored tub. An assigned carport space and a storage unit come with it. The 20-unit community sits on a corner lot, and both buildings were re-sided in 2006 with fiber-cement siding and vinyl windows. It is pet friendly, and HOA dues cover water, sewer, and garbage. Seattle Center, the Olympic Sculpture Park, and the waterfront are all a short walk away. Downtown and South Lake Union are close, and Hwy 99 and I-5 are minutes away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,048.033 |
| Lot Size | - | 1,930.425 |
| Price | $499.0K | $548.3K |
| Price per sq ft | $421 | $551 |
| Built year | 1979 | 1997 |
| HOA | $733 | $317 |
| Days on market | 9 | 63 |
Oct 15, 2026
$499,000
Initial Listing